Contracts worth AED1.5b okayed for housing projects

Abu Dhabi, 21 Sept. 2013 (WAM) – H.H. Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs has approved contracts for phase one of a project to build and renovate 10,000 houses for the UAE citizens in the different emirates at a total cost of AED 1.5 billion.

The hosuing scheme is one of the projects overseen by the Follow-up Committee of Initiatives of President His Highness Shaikh Khalifa Bin Zayed Al Nahyan.

Sheikh Mansour said the vital project reflects President Sheikh Khalifa bin Zayed Al Nahyan’s keenness to provide decent living standards and prosperity to the people of the UAE.

He added that the selection of different house models took into consideration the lifestyle of the Emirati families, functionality, comfort and privacy.

The project is scheduled for completion by the end of 2017.

Ahmed Juma Al Zaabi, Deputy Minister of Presidential Affairs and Chairman of the Committee, said the project features mixed-use housing complexes, each containing 100 villas and associated facilities.

WAM/MAB

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